"Premier will pay the full costs of an appraisal well"
not a wildcat or science well, an appraisal drill of an existing discovery, lots of risks of course but PMO weighed it up and decided - YES
Do not think any LTH are under any illusion about risk, will be opportunities for those who want to derisk (take profit) pre the drill , its their money, their choice.
Charlie-1 target valuations Mean/Low/High, page-29
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